13 Best Discount Brokers / Trading Platform in India

Knowing what discount brokers are and the benefits they offer can help you make an informed choice when it comes to opening an account. Here is a list of discount brokers in India that will help you get started!

Discount Broker
A discount broker is a financial broker that charges lower fees than traditional full-service brokers. They do this by offering fewer services. For example, a full-service broker will typically advise on both investments and insurance policies, while a discount broker may only offer advice or tools for investing. This allows them to charge lower fees for the services that you want and need.

Free Discount Broker
As luck would have it, one can find free discount brokers in India! These firms offer free services such as portfolio management, fund search, and personalised portfolio recommendations. However, they typically charge transaction fees for buying and selling shares on the stock exchange.

List of Discount Brokers in India
Here is a list of some of the most popular discount:-



सैमको 1

Open Account in Samco

Samco Ventures Private Limited was incorporated in March 2015. The company was founded by Jimeet Modi who is currently the CEO of the company. It acquired Samruddhi Stock Brokers Limited and re branded it to Samco Securities.
In May 2015, Samco launched India’s first trading and investing championship Indian Trading League (ITL). Our mission at Samco is to provide retail investors, access to sophisticated financial technology that can assist in creating wealth to retail investors at low-cost. Today we provide some of the most unique margin products to enable our customers to make the most efficient use of their capital. We are striving hard to ensure the problems that the trading and investing industry is plagued with, are solved and low-cost access to capital markets is available for every Indian.

Read More About Samco / Source



ज़ेरोधा 2

Open Account in Zerodha

Largest stock broker in India, 1+ Crore Zerodha clients contribute to over 15% of all retail order volumes in India daily by trading and investing in:

  • Futures and Options
  • Commodity derivatives
  • Currency derivatives
  • Stocks & IPOs
  • Direct mutual funds
  • Bonds and Govt. Securities

Read More About Zerodha / Source



अपस्टॉक्स 3

Open Account in Upstox

As mentioned by Upstox:-
There are trillions of rupees of wealth in India, lying in unproductive assets, losing value over time. We will help millions of Indians do better with their wealth. We will help them participate confidently in the public markets and build generational wealth through the power of compounding. We will help them invest by providing the right financial education to make the right investment decisions at the right time. We will do this through a seamless digital platform that will bring together the best of cutting-edge technology, intuitive design, ease and safety.

Read More About Upstox / Source



ग्रो 4

Open Account in Zerodha

As Groww is Said:-
Easy. Fast. Transparent.
Investing in India was none of the above. But we’re changing that. Super easy to use, lightning fast, and crystal clear.

Read More About Groww / Source


Angel One

Angel One

Open Account in Angel One

Angel One Limited, formerly known as Angel Broking Limited, is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited. It is a depository participant with Central Depository Services Limited (CDSL).

Read More About Angel One / Source



5 पैसा 5

Open Account in 5Paisa

As Mentioned on 5Paisa Website:- A Paisa Saved is A Paisa Earned
We know that your money is precious and has to be invested carefully to get maximum returns. We make this possible by bringing you technology driven solutions that enable you to invest at a lower cost. We empower you with information to take right decisions at the right time. Our simple and easy-to-use interface is aimed at waking up the investor in you!
The Digital Investor of the future!

Read More About 5Paisa / Source


Paytm Money

पेटीएम मनी 6

Open Account in Paytm Money

Paytm Money Claimed that We are taking an ‘investor-first’ approach.
We are focused on bringing a fully digital investing experience for you. We provide maximum benefits to you as we offer only direct plans in mutual fund schemes which come with no hidden commissions.
Paytm Money Limited is a SEBI registered Investment Adviser (IA) that offers investment execution & advisory services. Our simplified user experience allows you to start your investment journey with zero paperwork, seamless digital KYC, automated payments, updated portfolio and powerful insights to take well informed investment decisions.
We are with you every step of your investment journey.

Read More About Paytm Money / Source


Alice Blue

ऐलिस ब्लू 7

Open Account in Alice Blue

We are Alice Blue
We are evolving…for Better. Everyday. We want to be trusted and adorned by our clients. We wish to be No.1 Stock Broker in the country. We aspire to be the best for our clients. This is what we are working towards and we are quite relentless in achieving our Vision.

Read More About Alice Blue / Source



फायर्स 8

Open Account in Fyers

According to Fyers:-
To empower new-age traders & investors with the best-in-class technology and platforms Our products & services are aimed to help active investors & traders in India to gain a winning edge in the stock markets.

Read More About Fyers / Source


Bajaj Financial Securities Limited

बजाज फाइनेंशियल सिक्योरिटीज लिमिटेड 9

Open Account in BFSL

Bajaj Financial Securities Limited-
A 100% subsidiary of Bajaj Finance Limited, Bajaj Financial Securities Limited is set to disrupt the discount broking space through its unique offerings and comprehensive capital market solutions. With secure technology and advanced platforms, you can trade in equity cash & derivatives at one of the lowest brokerage rates in the industry. Besides, you can avail Margin Trade Financing at one of the lowest interest rates and make the most of market opportunities. What’s more, invest in IPOs, Mutual Funds and get easy access to Loan Against Securities offered by Bajaj Finance Limited.

Read More About Bajaj Financial Securities Limited / Source



एम् स्टॉक 10

Open Account in Mstock

Mstock Words:-
Who We Are-
We want out company to display a unique and forward-looking philosophy that provides solutions for all of our stakeholders.

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प्रोस्टॉक्स 11

Open Account in Prostocks

ProStocks, a Sunlight Broking LLP venture, is a leading online brokerage firm allowing customers to invest and trade in stocks listed in Indian Stock Market. Customers can trade at BSE and NSE in segments including Equity Cash (Intraday and Delivery), Equity Derivatives (Futures and Options), Currency Derivatives (Futures and Options) and Depository Services. We intend to start Mutual Fund Services soon.
We provide the trading services at a very low brokerage fee in comparison to the traditional brokers. Average customer saves between 60% to 99% brokerage with us. We are able to offer services at lower fee because of efficiently managing our expenses and upfront investment in technology to reduce the cost of transactions as volume increases. We are online broker and do not have overheads like branches, RMs, expensive advertisement etc.

Read More About ProStocks / Source



ट्रेडस्मार्ट 12

Open Account in TradeSmart

TradeSmart is a venture of the larger organization, VNS finance and embodies the same principles of trust and transparency within itself. With a strong track record in the brokerage business for over 20 years, we at TradeSmart have no doubts about our success in the online business as well.

Read More About TradeSmart / Source

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